We develop more than technology, we also co-invest in processing facilities together with our recycler partners.
Our technical expertise originates from deep experience in Venezuela’s oil, gas and petrochemical industries. Our principals are experienced investors and operators with a strong track record leading successful businesses in Latin America, Europe and the United States. Citamora currently operates an oil reclamation facility in the US Pacific Northwest, where we produce marine fuels.
We are currently constructing two new used oil processing facilities: one in the US Gulf Coast which will come on line in the summer of 2017 and the other outside of Mexico City, Mexico. We are actively pursuing new business opportunities in the U.S., Latin America (principally Mexico and Brazil), as well as in Europe. CITAMORA’s management is headquartered in Venezuela with representatives in the U.S. and Mexico.
CITAMORA develops and deploys its technologies with recycling partners via joint ventures that strongly align the interests of each party. Our partners are generally recyclers or generators of liquid waste streams. The objective of the partnerships is to produce higher volumes and higher qualities of recycled oils, generating new sources of value for us and our partners.